JTEKT India Balance Sheet Health
Financial Health criteria checks 6/6
JTEKT India has a total shareholder equity of ₹7.6B and total debt of ₹690.2M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹11.8B and ₹4.1B respectively. JTEKT India's EBIT is ₹1.2B making its interest coverage ratio 58.8. It has cash and short-term investments of ₹485.6M.
Key information
9.0%
Debt to equity ratio
₹690.16m
Debt
Interest coverage ratio | 58.8x |
Cash | ₹485.63m |
Equity | ₹7.64b |
Total liabilities | ₹4.13b |
Total assets | ₹11.77b |
Recent financial health updates
These 4 Measures Indicate That JTEKT India (NSE:JTEKTINDIA) Is Using Debt Reasonably Well
Jun 07Is JTEKT India (NSE:JTEKTINDIA) A Risky Investment?
Dec 08Recent updates
We Ran A Stock Scan For Earnings Growth And JTEKT India (NSE:JTEKTINDIA) Passed With Ease
Mar 14Earnings Update: Here's Why Analysts Just Lifted Their JTEKT India Limited (NSE:JTEKTINDIA) Price Target To ₹192
Feb 17There's Reason For Concern Over JTEKT India Limited's (NSE:JTEKTINDIA) Massive 31% Price Jump
Jan 10Should You Think About Buying JTEKT India Limited (NSE:JTEKTINDIA) Now?
Jan 03These 4 Measures Indicate That JTEKT India (NSE:JTEKTINDIA) Is Using Debt Reasonably Well
Jun 07At ₹125, Is It Time To Put JTEKT India Limited (NSE:JTEKTINDIA) On Your Watch List?
May 09JTEKT India's (NSE:JTEKTINDIA) Returns Have Hit A Wall
Apr 05Here's Why We Think JTEKT India (NSE:JTEKTINDIA) Is Well Worth Watching
Dec 23Is JTEKT India (NSE:JTEKTINDIA) A Risky Investment?
Dec 08The JTEKT India Limited (NSE:JTEKTINDIA) Analyst Just Boosted Their Forecasts By A Meaningful Amount
Nov 20At ₹120, Is JTEKT India Limited (NSE:JTEKTINDIA) Worth Looking At Closely?
Nov 18Is Now An Opportune Moment To Examine JTEKT India Limited (NSE:JTEKTINDIA)?
Jun 25Statutory Profit Doesn't Reflect How Good JTEKT India's (NSE:JTEKTINDIA) Earnings Are
May 28JTEKT India (NSE:JTEKTINDIA) Has Some Difficulty Using Its Capital Effectively
May 12JTEKT India's (NSE:JTEKTINDIA) Returns On Capital Not Reflecting Well On The Business
Jan 25These Return Metrics Don't Make JTEKT India (NSE:JTEKTINDIA) Look Too Strong
May 27Should JTEKT India Limited (NSE:JTEKTINDIA) Be Part Of Your Income Portfolio?
Mar 26What Kind Of Shareholders Own JTEKT India Limited (NSE:JTEKTINDIA)?
Feb 01How Does JTEKT India Limited (NSE:JTEKTINDIA) Fare As A Dividend Stock?
Dec 08What Kind Of Shareholders Own JTEKT India Limited (NSE:JTEKTINDIA)?
Nov 03JTEKT India's (NSE:JTEKTINDIA) Shareholders Are Down 29% On Their Shares
Sep 29JTEKT India Limited's (NSE:JTEKTINDIA) Stock Is Going Strong: Have Financials A Role To Play?
Jun 23Financial Position Analysis
Short Term Liabilities: JTEKTINDIA's short term assets (₹6.0B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: JTEKTINDIA's short term assets (₹6.0B) exceed its long term liabilities (₹374.4M).
Debt to Equity History and Analysis
Debt Level: JTEKTINDIA's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: JTEKTINDIA's debt to equity ratio has reduced from 33% to 9% over the past 5 years.
Debt Coverage: JTEKTINDIA's debt is well covered by operating cash flow (216.7%).
Interest Coverage: JTEKTINDIA's interest payments on its debt are well covered by EBIT (58.8x coverage).